HomeVestors - HomeVestors-Local Market Monitor :
Jun 08 2012
Best 100 U.S. Markets to Invest in Rental Property 2nd Quarter 2012
|
HomeVestors-Local Market Monitor
Best 100 U.S. Markets to Invest in Rental Property
2nd Quarter 2012
|
|
Rank and Market
|
Risk-Return Premium (+/-) Relative
to 5.0% National Average
|
Change from
1st Quarter, 2012
|
| 1 |
Las Vegas, Nevada |
+5.6%
|
+0.7
|
| 2 |
Detroit, Michigan |
+4.6%
|
+0.7
|
| 3 |
Daytona Beach, Florida |
+4.0%
|
+0.8
|
| 4 |
Orlando, Florida |
+3.7%
|
+0.2
|
| 5 |
Warren, Michigan |
+3.0%
|
+0.3
|
| 6 |
Bakersfield, California |
+2.8%
|
-0.3
|
| 7 |
Phoenix, Arizona |
+2.6%
|
no change
|
| 8 |
Atlanta, Georgia |
+2.5%
|
+0.1
|
| 9 |
Reno, Nevada |
+2.5%
|
+0.3
|
| 10 |
Tampa/St. Petersburg, Florida |
+2.4%
|
+0.1
|
| 11 |
Boise, Idaho |
+2.2%
|
-0.1
|
| 12 |
Fort Lauderdale, Florida |
+2.2%
|
no change
|
| 13 |
Rochester, New York |
+2.0%
|
+0.2
|
| 14 |
Fort Meyers, Florida |
+2.0%
|
-1.0
|
| 15 |
Fort Worth, Texas |
+1.9%
|
+0.1
|
|
16
|
Dallas, Texas |
+1.8%
|
-0.3
|
| 17 |
Jacksonville, Florida |
+1.8%
|
+0.2
|
| 18 |
Grand Rapids, Michigan |
+1.8%
|
+0.2
|
| 19 |
Sarasota, Florida |
+1.6%
|
+0.2
|
| 20 |
Fresno, California |
+1.5%
|
+0.2
|
| 21 |
Riverside, California |
+1.4%
|
+0.1
|
| 22 |
West Palm Beach, Florida |
+1.4%
|
-0.3
|
| 23 |
Akron, Ohio |
+1.4%
|
+0.5
|
| 24 |
Memphis, Tennessee |
+1.3%
|
+0.3
|
| 25 |
Kansas City, Kansas |
+1.3%
|
+0.3
|
| 26 |
Austin, Texas |
+1.2%
|
-0.1
|
| 27 |
Des Moines, Iowa |
+1.2%
|
-0.1
|
| 28 |
Miami, Florida |
+1.1%
|
+0.1
|
| 29 |
Omaha, Nebraska |
+1.1%
|
+0.1
|
| 30 |
Sacramento, California |
+1.1%
|
+0.3
|
| 31 |
Tucson, Arizona |
+1.0%
|
-0.3
|
| 32 |
McAllen, Texas |
+1.0%
|
+0.1
|
| 33 |
Cleveland, Ohio |
+1.0%
|
+0.4
|
| 34 |
San Antonio, Texas |
+1.0%
|
-0.3
|
| 35 |
Tulsa, Oklahoma |
+1.0%
|
-0.2
|
| 36 |
Fayetteville, Arkansas |
+0.9%
|
-0.2
|
| 37 |
Indianapolis, Indiana |
+0.9%
|
no change
|
| 38 |
Raleigh, North Carolina |
+0.9%
|
+0.2
|
| 39 |
El Paso, Texas |
+0.9%
|
-0.1
|
| 40 |
Nashville, Tennessee |
+0.8%
|
+0.2
|
| 41 |
Colorado Springs, Colorado |
+0.7%
|
no change
|
| 42 |
Charlotte, North Carolina |
+0.7%
|
+0.3
|
| 43 |
Houston, Texas |
+0.7%
|
-0.3
|
| 44 |
Minneapolis, Minnesota |
+0.7%
|
no change
|
| 45 |
Provo, Utah |
+0.7%
|
+0.2
|
| 46 |
Columbia, South Carolina |
+0.7%
|
no change
|
| 47 |
Columbus, Ohio |
+0.7%
|
+0.1
|
| 48 |
Oklahoma City, Oklahoma |
+0.6%
|
-0.2
|
| 49 |
Greensboro, North Carolina |
+0.6%
|
+0.2
|
| 50 |
Little Rock, Arkansas |
+0.6%
|
-0.1
|
| 51 |
Camden, New Jersey |
+0.6%
|
no change
|
| 52 |
St. Louis, Missouri |
+0.6%
|
+0.1
|
| 53 |
Bridgeport, Connecticut |
+0.6%
|
+0.2
|
| 54 |
Tacoma, Washington |
+0.5%
|
+0.2
|
| 55 |
New Brunswick, New Jersey |
+0.5%
|
-0.1
|
| 56 |
Chicago, Illinois |
+0.5%
|
+0.1
|
| 57 |
Madison, Wisconsin |
+0.5%
|
+0.1
|
| 58 |
Albuquerque, New Mexico |
+0.5%
|
+0.2
|
| 59 |
Hartford, Connecticut |
+0.5%
|
+0.3
|
| 60 |
Richmond, Virginia |
+0.4%
|
+0.1
|
| 61 |
Denver, Colorado |
+0.4%
|
-0.1
|
| 62 |
New Haven, Connecticut |
+0.3%
|
-0.1
|
| 63 |
Chattanooga, Tennessee |
+0.3%
|
+0.1
|
| 64 |
Baton Rouge, Louisiana |
+0.3%
|
+0.2
|
| 65 |
Portland, Oregon |
+0.3%
|
+0.2
|
| 66 |
Wilmington, Delaware |
+0.3%
|
+0.1
|
| 67 |
Birmingham, Alabama |
+0.2%
|
+0.4
|
| 68 |
Pittsburgh, Pennsylvania |
+0.2%
|
+0.2
|
| 69 |
Winston-Salem, North Carolina |
+0.2%
|
-0.1
|
| 70 |
Albany, New York |
+0.2%
|
-0.1
|
| 71 |
Louisville, Kentucky |
+0.2%
|
no change
|
| 72 |
Milwaukee, Wisconsin |
+0.1%
|
+0.2
|
| 73 |
Santa Rosa, California |
+0.1%
|
+0.6
|
| 74 |
Philadelphia, Pennsylvania |
+0.1%
|
+0.2
|
| 75 |
Knoxville, Tennessee |
Equal to national average of
5.0%
|
+0.2
|
| 76 |
Cincinnati, Ohio |
Equal to national average of
5.0%
|
-0.1
|
| 77 |
Birmingham, Alabama |
Equal to national average of
5.0%
|
+0.2
|
| 78 |
Lexington, Kentucky |
-0.1%
|
-0.1
|
| 79 |
Asheville, North Carolina |
-0.1%
|
+0.1
|
| 80 |
Lake County, Illinois |
-0.1%
|
+0.3
|
| 81 |
Baltimore, Maryland |
-0.3%
|
+0.1
|
| 82 |
Seattle, Washington |
-0.3%
|
+0.1
|
| 83 |
Washington, D.C. |
-0.3%
|
+0.1
|
| 84 |
Charleston, South Carolina |
-0.4%
|
+0.3
|
| 85 |
New Orleans, Louisiana |
-0.5%
|
no change
|
| 86 |
Salt Lake City, Utah |
-0.5%
|
-0.1
|
| 87 |
Boston, Massachusetts |
-0.5%
|
-0.1
|
| 88 |
Nassau, New York |
-0.6%
|
+0.2
|
| 89 |
Oxnard, California |
-0.6%
|
+0.1
|
| 90 |
San Diego, California |
-0.8%
|
no change
|
| 91 |
Oakland, California |
-0.8%
|
+0.1
|
| 92 |
Providence, Rhode Island |
-0.9%
|
+0.1
|
| 93 |
Santa Ana, California |
-1.0%
|
+0.3
|
| 94 |
San Jose, California |
-1.2%
|
+0.2
|
| 95 |
Newark, New Jersey |
-1.3%
|
+0.1
|
| 96 |
Honolulu, Hawaii |
-1.3%
|
no change
|
| 97 |
Los Angeles, California |
-1.4%
|
+0.1
|
| 98 |
Bethesda, Maryland |
-1.5%
|
+0.1
|
| 99 |
White Plains, New York |
-1.6%
|
+0.2
|
| 100 |
San Francisco, California
|
-2.2%
|
+0.1
|
|
